Treasury

Ensuring transparency and minimizing risks 

What do flexible banking channels and cybercrime have in common?  Not a whole lot for the rest of the organization but if you you work in Treasury it’s one of your major concerns.  Modern treasuries need to adapt quickly in order to ensure transparency and visibility over cash positions, optimize banking costs and combat cybercrime and fraud.

Tresuary

OpusCapita cash management solutions allow the flexibility to choose banking channels (SWIFT and direct connections) and perform banking cost optimization. This hybrid model of bank connections allows for the optimization of bank channel costs and better adaptation to local needs where necessary (e.g. local remittance files not available via SWIFT).

Cash management needs to have easily managed role based user rights by main users, payment templates to mitigate ”Business e-mail compromise” attacks and other cybercrime, and an end-to-end audit trail of each payment, batch and action in the system.  This allows for full visibility on cash and transactions to support early recognition of potential fraud, and of course the harmonization of processes and tools.

We work very closely with many of our cash management customers which ensures that our customers can directly influence our roadmaps and development plans with an open dialog with all product experts whenever needed.